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The COVID-19 pandemic wreaked havoc on the U.S. economy, leaving many Houston business owners fighting to keep their doors open and workers paid. Fortunately, the Coronavirus Aid, Relief, and Economic Security (CARES) Act quickly established the Paycheck Protection Program (PPP) to keep workers on the payroll and allow business owners to pay for their essential business expenses.

With the rapid rollout of the PPP combined with the uncharted territory of filling out a loan forgiveness application, Houston PPP accounting became a concern for many business owners. Instead of going through the loan application and forgiveness process alone, Doeren Mayhew’s Houston PPP accountants are here to help. Our CPAs and tax advisors are specialists when it comes to the lifecycle of your PPP loan, from the application to loan forgiveness, and our Houston PPP accounting services will offer key insights to maximize your loan forgiveness amount.

Houston PPP Accounting Services

Doeren Mayhew’s Houston PPP accountants leave no stone left unturned when accounting for your loan, focusing on:

  • Assistance preparing your supporting documentation for the PPP loan forgiveness application
  • Assessing the spending of your loan proceeds and offering recommendations to maximize your loan forgiveness
  • General Houston PPP tax service consulting related to your overall loan forgiveness package
  • Creating an estimate of your PPP loan forgiveness amount
  • Performing an accounting methodology analysis related to loan forgiveness
  • Related tax credits you may be eligible for

Doeren Mayhew’s Houston PPP accountants stand ready to help you navigate the complexities of PPP loan forgiveness. Contact us today to learn more about our Houston PPP tax services.

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